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Vessel Fee News: Are Grain Shipments at Risk? + 3-Month Weather Outlook
Manage episode 478205895 series 2864038
Joe's Premium Subscription: www.standardgrain.com
Grain Markets and Other Stuff Links-
Apple Podcasts
Spotify
TikTok
YouTube
Futures and options trading involves risk of loss and is not suitable for everyone.
๐ข Trump Scales Back Ship Tariffs
The Trump administration has softened its stance on China-built ship fees. Instead of $1.5M per port call, vessels will now face fewer charges โ and empty grain/coal ships are exempt! ๐พโด๏ธ
๐ง๏ธ Rain in the Plains & Corn Belt
Big weekend rains hit parts of Oklahoma, Missouri & beyond. More on the way for the Southern Plains. NOAAโs 3-month outlook just dropped โ maps inside! ๐บ๏ธ
๐ฝ Drought Monitor Update
Dry week for much of the Corn Belt. Drought eased in some parts of MN/WI but worsened in NE & KS.
๐น Corn: 30%
๐น Soybeans: 23%
๐น Winter Wheat: 34%
๐น Spring Wheat: 43%
๐น Cattle: 38%
๐ Funds Go Long Soybeans
CFTC shows big fund buying โ soybeans saw the largest net-long since Feb.! Corn and wheat also saw fresh buying. ๐
๐ฏ๐ต Japan Trade Talks
Japan may boost soybean & rice imports. Corn trade steady. Trump presses on tariffs & ag exports โ no deal yet, but โbig progress.โ ๐ค
๐ข๏ธ Ethanol Exports Boom
U.S. ethanol exports already over 1 billion gallons this year. ๐
๐จ๐ฆ Canada = top buyer
๐ช๐บ EU = huge YOY increase
๐ Corn & Soybean Export Sales Surge
Corn sales are up 99% on the week. ๐ฆ Mexico leads. Soybeans are also strong. Wheat? Not so much.
๐ Cattle on Feed Report
Slightly bearish tone โ placements up, but still below the 5-year average. Neutral-to-bearish read overall. ๐๐
1463 episodes
Manage episode 478205895 series 2864038
Joe's Premium Subscription: www.standardgrain.com
Grain Markets and Other Stuff Links-
Apple Podcasts
Spotify
TikTok
YouTube
Futures and options trading involves risk of loss and is not suitable for everyone.
๐ข Trump Scales Back Ship Tariffs
The Trump administration has softened its stance on China-built ship fees. Instead of $1.5M per port call, vessels will now face fewer charges โ and empty grain/coal ships are exempt! ๐พโด๏ธ
๐ง๏ธ Rain in the Plains & Corn Belt
Big weekend rains hit parts of Oklahoma, Missouri & beyond. More on the way for the Southern Plains. NOAAโs 3-month outlook just dropped โ maps inside! ๐บ๏ธ
๐ฝ Drought Monitor Update
Dry week for much of the Corn Belt. Drought eased in some parts of MN/WI but worsened in NE & KS.
๐น Corn: 30%
๐น Soybeans: 23%
๐น Winter Wheat: 34%
๐น Spring Wheat: 43%
๐น Cattle: 38%
๐ Funds Go Long Soybeans
CFTC shows big fund buying โ soybeans saw the largest net-long since Feb.! Corn and wheat also saw fresh buying. ๐
๐ฏ๐ต Japan Trade Talks
Japan may boost soybean & rice imports. Corn trade steady. Trump presses on tariffs & ag exports โ no deal yet, but โbig progress.โ ๐ค
๐ข๏ธ Ethanol Exports Boom
U.S. ethanol exports already over 1 billion gallons this year. ๐
๐จ๐ฆ Canada = top buyer
๐ช๐บ EU = huge YOY increase
๐ Corn & Soybean Export Sales Surge
Corn sales are up 99% on the week. ๐ฆ Mexico leads. Soybeans are also strong. Wheat? Not so much.
๐ Cattle on Feed Report
Slightly bearish tone โ placements up, but still below the 5-year average. Neutral-to-bearish read overall. ๐๐
1463 episodes
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